you have iran, israel, the situation in east china sea. you have syria which will be a backdrop for anyone. naturally exploration of the bush tax cuts as they are called. sequestration and the payroll tax cuts and so forth. what's clear from the campaign, the first debate made clear by both candidates. both understand revenue has to with a part of any long term deal. the wealthiest americans should not anticipate a reduced tax burden if elected. president obama has gone further to say we believes we have to raise taxes on top earners. the most important part is what happens in congress. whom is elected, what's the appetite and desire on the part of both the republicans and mainly republican in the house because they are the majority. democratic leadership as well in finding harm any, some agreement that can be september to the president to be signed in terms of a short term deal with the hopes of a long term deal before we reach the debt ceiling next year. >> the grid lock in congress is the most likely outcome. why would mitt romney be be